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Oh, Europe can do tech indeed. The article is spot on: imagine two startups, one in Barcelona and another in Boston, developing a very similar product. The fir
by carlesfe 8y ago
Oh, Europe can do tech indeed.
The article is spot on: imagine two startups, one in Barcelona and another in Boston, developing a very similar product. The first one raises €2M, the second one $50M. Which one is going to beat the other to market?
Yes, there are other factors; work/life balance, heterogeneous markets/languages, collaboration vs competition mindset, etc. But here in Europe we also have workaholics that give 200% to their startup and launch internationally. And without cash injections, which are a by-product of ecosystem maturity, they will always lose against their USA competitors.
Disclaimer: am European founder in seed stage
- RBerenguel 8y agoGood luck in your seeding!
- rapsey 8y ago> The first one raises €2M, the second one $50M. Which one is going to beat the other to market? Also which one has a domestic market with a single language of 325 million people.
- deleted 8y ago[deleted]
- BerislavLopac 8y agoWell, at least in the sheer number of native speakers of the language, the first one has a slight advantage. You're right with regards to the domestic market, although my understanding is that various US states often have incompatible legislations.